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of defense, we talk about the post office and prepayments being made. there is one truism on both, o s the taxpayer is ultimately on the hook. yes. so it is not an issue is this just a quasi-government organization, both dod and you need prepayments. we're ultimately on the hook the taxpayer is. what concerns me in a time, admitted, mr. chairman your low liquidity. you're not really sure you can get down as low as two days later this year, at a time in which the discussions have been made and i have read about the board of governors and your role. you do believe you have a fiduciary duty in your role to the postal service and in your role, correct? >> mr. chairman, representative, yes. >> that means there's a trust. there's a trust with you and the board of governors not just strictly you but i believe with the postmaster general and others in this situation. what i keep hearing is, well we thought of and we're looking at that. we have a five-year plan that was many years ago. we have discussions that we want to do. we're exploring ideas. these are direct quotes from today, exploring h
challenges of the defense budget because this program is in some way singular some way singular in terms of its cost overrides, its delays and the way it's been structured to as i write in the peace it's most effective defense of attribute may not be all of its radars and sensors and missiles and stealth technology and ability to fly it synthesized speech. it might well be the way it was designed to avoid budget cutters in washington. >> now a hearing on the justice department's 2014 budget request. attorney general eric holder testified before how supra-patient subcommittee for a little more than two hours. be attorney general holder we welcome you to the committee and thank you for appearing. i'm going to hold my questions until the very end because members have to catch planes and go out of town but i will have an opening statement to cover questions and concerns that i have. let me address the bombing attack at the boston marathon on monday. we know the fbi and the joint terrorist task force batf and its forensic specialists in all the federal state and local authorities are working
. self-defense force pilots took to the air more than 300 times in the past year to respond to chinese activity, surpassing the number for russian planes for the first time. defense ministry officials say pilots made emergency take-offs against foreign aircraft approaching japanese air space 567 times from april 2012 to the end of march of this year. that's a 20-year high. the number of scrambles against chinese planes almost doubled from the previous fiscal year. they increased sharply after last september following the japanese government's move to nationalize the senkaku islands. a chinese government plane flew close to the islands last year, the first intrusion into japanese airspace since the sdf began keeping records. >> translator: at this point, i don't think china would make approaches that would turn into military conflicts with japan. >> but a former air self-defense force commander also says if japan softens its stance on territorial protection, china could become increasingly active. >>> south korean president park says enough is enough. she says it's time to stop the prac
of defense is currently spending $10 billion more conducting the war effort in afghanistan this year than was estimated would be necessary. from what we understand, in order to make up for this estimation the department of defense will have to pull from other funds from its base budget, which is difficult because of sequestration and the other long-term spending limits imposed by the budget control act of 2011. the problems with trying to budget and plan for a war a year in advance and how unforeseen costs can arise. at the same time a $10 billion is copulation is a little alarming. -- miss calculation is a little bit alarming. general, can you explain to us how that underestimation occurred? that we insidere u.s. forces in afghanistan under estimated $10 billion for our requirements for this year. i can assure you we have gone back and look at every dollar we have spent to make sure we have spent to good effect. we have significantly reduced the money we are spending in afghanistan. i will go back and take a look at where the projection came from and why we are in the position we are in
in her defense. to goschool, you deserve more than just flexibility and convenience. so here's a few reasons to choose university of phoenix. our average class size is only 14 students. our financial tools help you make smart choices about how to pay for school. our faculty have, on average, over 16 years of field experiene. we'll help you build a personal career plan. we build programs based on what employers are looking for. our football team, is always undefeated. and leading companies are interested in our graduates. we'll even help you decorate your new office. ok. let's get to work. for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. ♪ [ male announcer ] for those who willingly take on the day... ♪ ...to make it better for someone else. the same way the smooth, creamy taste of coffee-mate... makes coffee and your day better. coffee-mate. coffee's perfect mate. nestle. good food, good life. ♪ fem
to the japan and taiwan. the chinese navy entered the region on tuesday night to conduct open sea defense and offense training. wednesday's patrol was the third such tour carried out by the chinese navy since the islands were recently purchased by the japanese government, igniting the ongoing tensions. withatrol also coincided the annual live fire drills by taiwan's military of islands facing china. the taiwanese president said that the island must strengthen its defense forces if it is to maintain stability with china. >> in recent years, due to china opposed yearsboom, it has built its military and arms, bus facing such a threat, we must build our army in order to maintain peace across the strait. >> the drill is the largest annual exercise in taiwan. it simulates a response to a landing by chinese troops. landing missiles hit dummy targets at sea and soldiers pirate at a simulated chinese enemy, baring their attempted advance. china has considered taiwan a rogue state ever since it split from the mainland in 1949. relations between the two are at their best in years. perhaps something
array to include a sophisticated air defense capability, depending who is operating in. a no-fly zone would not be without cost. >> even though the best testified he could with cruise missiles and within the patriot missiles in the right place is that we could establish a no-fly zone. >> patriot missiles i'm getting out of my league. that is essentially a point weapon. the theory is you could position patriot missiles outside of syria and somehow provide security outside the zone, given the nature of the pastry about then, which is not an area of a project or would be tough. >> and what's fascinating is now you are saying instead of the joint chiefs of staff that it has deteriorated so much that you now have questions whether we should supply weapto rebels are not, which the argues we shod have supplied them back ommended coing to published reports well heta o state, as well as the chairman of the joint chiefs f staff. it's remarkable. see you in the administration figure and say we don't know where the weapons are going. maybe if we help the people of writing from the beginning befor
, secretary of defense hague nel hagel in israel, suggesting a $10 million arms deal. also, something for everyone. hagel said this visit cairo, and riyadh and abu dhabi and united arab emirates with the fighter jets, we do not want to leave anyone out in middle east. >> this reveals about this obama administration is contrary to their public record, this is and hagel makes this argument this is a deterrents arm sales package in his view, against iran this is a concession this obama administration is not going to do anything ni military bircmilitaryabout the iranian nn program. >> santa clause is coming to town but dio john is right, we'e contain it. lou: overtime, secretary of state kery in istanbul, saying all of the entities all 6 nations involved in the talks will funnel their money through one rebel group in syria, right or wrong? >> a bad choice, bad idea to fund the rebel groups. >> there are houses of rebel groups, who are you going to fund, bad idea. lou: john thank you, and kt thank you. >> much more on the boston bombings flew out tonight's broadcast and what what early inv
i let you go, erin what do we know about legal defense? did he have legal representation in that hospital room? >> reporter: i have the transcript of the court hearing here there is controversy on friday and over the weekend about him not being mirandized. they went through it twice today and offered the use of an attorney and the one word he spoke was no when asked if he could afford an attorney and he was presented with defense attorneys today. >>> we want to bring you a look at the case against dzhokhar tsarnaev in the federal complaint against him. >> reporter: according to the complaint 2:38 on race day 11 minutes before the first explosion two men are seen walking toward the finish line carrying large knapsacks, tamerlan tsarnaev is in front and dzhokhar tsarnaev is a few feet behind. the two are seen a half block away from a restaurant camera. a minute later, bomber one, tamerlan walks out of the crowd with a knapsack on his back. at 2:45, alleged bomber two, dzhokhar walks to the finish line. he has a cell phone in his left hand. the affidavit says he stops near a
in the looks completely defensive if you look to the upside or the down side of the s&p. is that the trend of the week for the market's overall to go into the defense of utilities? >> absolutely. some may go way. we are up with the indices' over three and a half months people take off the table and enjoy the money over the summer. you don't want to be out but rotate and me very careful. cheryl: en one heck of a day for these markets and the triple digits swing. also looking at the s&p there are nine stocks falling to a brand new lows and nicole petallides is watching that from the floor of the new york stock exchange. >> we have seen broadbased selling but economically sensitive sectors are doing the work with energy and financial and technology and some names hitting new 52 week lows with peabody energy and report back iran and going into the green with report mack ran. and going down below $400 the lowest levels we have seen since december of 2011 also newmont mining the best of the worst is what you need like health care or consumer staples that have concerns -- been able to hold on. th
an hour. we have subsequent meetings here, secretary of state john kerry, secretary of defense shuts hegel, director of intelligence james clapper and others at the white house. however senior administration officials stress that is for previously scheduled meeting of national security principals, so nothing really specifically to do, nor was unscheduled specifically because of the events in boston, that was earlier this morning. news from capitol hill according to bret baier of fox news saying officials briefed lawmakers on capitol hill telling them they really want to get this second suspect alive find out perhaps if there are any more people involved, find out whether they have any training overseas or if they were radicalized in the united states or overseas and that has final implications to this investigation when you consider taking him alive versus not so that is something they're working on. we got everything in boston where all eyes in washington are right now from governor deval patrick saying there are continuing developments, can't talk about them now but talk about them later
workers. absolutely zero. and defense officials may drop the furloughs entirely. homeland security has not furloughed anyone, and it has not cut overtime. so the exact impact is zero. the "washington post" gives away pinocchio's for lying. tonight we are giving dunce caps away, and we will continue to do this. elected officials to make egregiously silly statements. we think our elected officials should be so honored and noted. so we are going to award this to acquire tonight. and he earned it. i think you would agree. fellow democrat, a year from california, the head of the house democratic caucus today warned that the sequester cuts undermine the ability of our cities to respond to terrorist attacks. listen to this. >> so, when those first responders did such a phenomenal job yesterday in boston, chances are the mayor in boston is now having to figure out how to cover for the extra cost involved in having so many people out there for security and emergency medical assistance responding because they get paid so he is now probably getting money from some other part of his budget, the co
missile defense system into the city. and you hottest has claimed responsibility for the attack -- agent hottest -- a jihadist rupe has claimed responsibility for the attack -- a jihadist group has claiemed responsibiliy for the attack. >> he denies charges and says the attempt is in the -- says the charges are an attempt by the government to silence dissent. >> outside the courthouse, the lawyer and opposition -- the lawyer says that he faces charges -- [indiscernible] he says the charges are politically motivated. >> sooner or later, we will win and drive these crooks and thieves from power. >> he rose to the head of the opposition movement during russia's elections at the end of 2011. he called for people to vote for any party other than putting's -- putin's. since then, he has said he wants to become president. >> the trial's purpose is to get him off the political stage. it damages his reputation and creates a legal pretext to prevent him from taking part in elections. >> in court, he asked for more time to study the charges and the evidence. the judge adjourned the court until nex
, is it going to take a smart defense lawyer to say, wait a second, i challenge this because let me read you tweet from the boston police after he was taken into custody. it says captured. the hunt is over. the search is done. the terror is over. is that a problem? >> that would be used by a defense attorney to argue there was no public safety threat. in light of the circumstances we've had, the numerous improvised explosives, the huge gunfire, i think that the government is going to get a fair bit of latitude here. the other piece we have to remember is miranda only affects the statements he makes and whether or not they're admissible in court. i think the fbi will likely have a very, very strong case even if he says nothing at all based purely on the surveillance tape, statements of witnesses and the forensic evidence. >> michael, we'll have you on later to talk about the radicalization of these brothers, how and when it may have happened. thank you very much. >> thank you, matt. >> savannah, you're a lawyer. the government on firm legal ground here? >> it is. as michael pointed out this i
they are now looking for two suspects. >>> secretary of defense chuck hagel arrived in israel on sunday for a week-long visit to the middle east. speaking in jerusalem, the secretary said the u.s. agenda is focused on deterring iran and hagel also reiterated what he called the very special relationship between the united states and israel. >>> less than a week after the boston marathon bombings, a chicago teenager has been picked up for attempting to join a syrian jihadist military group. the fbi arrested 18-year-old abdella ahmad tounisi on charges of attempting to provide material support to a foreign terrorist organization. >>> five people were killed in arizona over the weekend when their van flipped while being chased by border control agents. 22 people were in the suv at the time of the crash. >>> the search continues for survivors of last week's devastating earthquake in china. the government has so far confirmed more than 150 deaths and some 11,000 injured. >>> engines start. liftoff for the mission to mars. >> cool stuff. it was a successful launch sunday for a new rocket carry
flow is going into the defensive sector of stocks. while nobody is watching the money is going into the bond market. these are all warning signs saying you know what? maybe we're at temporary top. maybe we need a correction here. david: gene, you see the warning signs. you see the dow pulling back to 14,000, right? >> that is correct. i do think there are signs which the guest already mentioned. there is weakness of oil to be concerned about over the near term. there is correlation with the oil and stock market since the start of this cycle. weakness in oil could portend investors worries that the economies are slowing down not just in china but globally as well. so that will probably put pressure on the market. the other thing too, we're in the earnings season and this might be the quarter that doesn't delight. that is that we do get some dispoints manned -- disappointments and we get stiff reactions to the disappointments. lori: bob, you were cautious yet looking for stocks to show gains for the year. what do you think will get us past these bumps in the road? >> i think the
people respond. >> republicans are looking for a way out of that defense sector. there will be more pressure put on them right now. the people who wanted to wobble anyways, will be wobbling harder. we will not increase spending on anything right now. connell: i know it is tough a couple days after something like this happens and the development that are happening today, but what is your opinion? should we change the focus? >> in some ways it should focus our focus. think about 9/11. we reacted to that with a big massive freak out, for lack of a better word. we are still taking off our shoes at the airports. we thought we needed to do something. let's remember that as we react to boston right now. let's focus on that. we need to realize that facing this horrifying attack, we will not make it better with coming up with security theater to the measures. dagen: it is almost impossible to link spending directly with an event like this. >> of course. dagen: knowing so little as we do right now even about the type of devices that were used in boston. you are hearing references to it, but n
of defense. we built a strengthened homeland security enterprise and a more secure america, better to face the challenges we face. the president'sle budget allows us to build on the progress by preserving core front line operations priorities. at the same time, given the current fiscal environment, this is the third straight year that our budget requests reflects a deduction from the previous year. our request is $800 million below the f.y. 2013 enacted budget. our mission has nod changed and we continue to face evolving threats. we've become more strategic how we use these resources. this is coupled with a unprecedented with a fiscal discipline that has led to $4 billion in cost reductions over the past four years in a process we call efficiency review. before i get to the nuts and bolts of the budget i want to talk about sequestration. >> excuse me. can i ask you to pause a little bit longer. if you could pause for a moment dub. we want to get this quarum ieve we have a .nd if i can find -- here we go i would like to take this opportunity to conduct a brief business meeting -- to consi
are again, a defensive day by and large. the big question i got early this morning is what the heck happened in germany? i don't have an answer for you, and some people are calling it a mini flash crash. the dax dropped 180 points in like, eight minutes right after the open and i don't have an explanation and there is a series floating around about fat figure trades and it was very unusual to see that. germany is now down eight in a row and we are are down 1.7% in germany. france was down 1.5% and there were many knock-on effects as a result of this and that's all i can tell you about it. carl, i think you were mentioning these ping-pong markets and that's the other big topic overnight. so you are down 234 on monday and you're up 160 on tuesday. you are down 103 on wednesday here and it's very tough for active traders to take positions. you get a lot of complaints about this stuff. you get stripped out every day depending on which side you're buying protection on, going long or going short and it's hard to take positions and it gets frustrating for active traders and of course, you can stand
of the bad parts of it, i.e. europe, and that takes you to what we call defensive growth, defensive growth, as you say, is health care, is tapels, parts of the media, parts of the technology space, as well, clearly defensive growth. and then the other part of the bar bell, we want to take advantage of some of those attractive valuations in equities and in europe. we would rather go into financials selectively and look at those insurance companies, those banks, as well, which is perhaps have sold off more in the market than the recent pullback and look at all of those companies which have improving or strong capital positions. and you end up looking at some of the german insurers and the swiss bank. they look pretty strong for us. >> jonathan, thanks very much for that. . >>> today is also worldwide -- in china, "worldwide exchange" in china day. i'm in hong kong because i've just spent the weekend at the china entrepreneur's club annual meeting of green companies in china. i've just come back from there and the china entrepreneur's club is a group 50, 51 of the leading ceos of the private
game. >> defense secretary chuck hagel spoke about the bombings today while on a flight to israel saying, the attack was criminal and every region of the world is not safe from these terrible acts. >> i have not seen any intelligence that would make such a link, but as you know, all of the facts are not in. all of the dynamics and intelligence is not complete and until we know that, until we get more pieces, we won't be able to answer some of those questions. >> hagel also said the obama administration doesn't have enough information yet to decide whether the surviving 19-year-old tsarnaev brother should be sent to the guantanamo bay prison for terror suspects. >>> we're learning much, much more about the suspects now from the russian republic of dagestan where their father now lives. now cnn can exclusively reveal alleged boston bomber tamerlan tsarnaev, the older brother, had video of a jihadist on his youtube channel. let's get to nick paton walsh now, he joins us by phone from dagestan. so nick, what do you know about this video? i just spoke with the police commissioner here
answered by speaking, which is that he said no. so he was then provided with a group of defense attorneys, isha. >> of course, a key line of investigation is the deceased brother, as he was known, suspect number one tamerlan tsarnaev who died in the early morning shoot-out with police, trying to piece together his movements. we know he left the country last year, and his wife remains. catherine russell. have authorities been able to speak to her? because of course she is an important person to speak to. >> well, cnn's chris lawrence has actually been tracking those developments. and what he has found is she is too distraught to speak. an attorney is speaking on her behalf. and so he is cooperating yes, but right now she has been saying to him that she didn't know anything of this plot beforehand. although, of course, as you know, tamerlan, her husband was in russia for six months last year. and that i think will be the driving force behind the investigation going forward. >> yeah. erin mcpike joining us in boston with the latest. erin, we appreciate it. thank you. we are also getting new
? >> well, in essence we've had this outperformance of the more defensive sectors but it is not so much that they're defensive. we're talking about stable cash flows, stable earnings, stable share prices and higher than average dividend yields. david: let me stop you right there. practically everybody says you want to get into dividend stocks. you're saying don't just look at the dividend. it has to have all the elements, stable cash flow and all the other elements? >> exactly. for example the dividend yields last four weeks have suddenly become attractive in the material sector. that is all the stuff leveraged to china. the share prices are fallen and dividends might be at risk. we're talking about with companies with very stable businesses that do have bond-like characteristics throughout the company. this is largely a function of fed policy. the portfolio balance channel while it hasn't done a heck of a lot for real macroeconomic growth has certainly made the bond market more expensive. david: you talk about bond-like charactertics, the main characteristic of bonds they're stable. th
decreased spending more than 500% and china's defense budget is now the second largest in the u.s. >>> three teenage boys accused of sexually assaulting a teenage student who later committed suicide will be in court. the boys are accused of sexually assaulting audrie pott while she was drunk and passed out at a party last year. during a news conference, the boys wrote crude messages on her daughter's body after the attack then e-mailed and texted photos. audrie pott committed suicide eight days later and she said she had been bullied for years. >> i she said i can't do this, i have been here for two years and i can't do it anymore. >> reporter: the parents want to sue the boys and they want them to be tried as adult. the attorneys representing the boys say the information is inaccurate. later today the judge will decide whether they will stay in custody or be released to their parents. >>> investigators say a man was allowed inside an apartment on 10th street by claiming he was a plumber and police say he molested the girl inside the apartment and when the girl started screaming a family mem
is investors chasing the most defensive areas, when you see coca-cola and general mills and these great companies and that's the leadership area of the market, that doesn't express global growth. we want to show those, the energy names and that's real in this country and that's not going to get the respect. the housing recovery is real and it's not going to get that respect and we need to show that is the future of the economy and to do that, the economy will stand on its own two feet and otherwise it will be renters of stocks and not buyers of stocks and they'll believe that the fed is propping up the market and the market can't stand on its own two feet. what should we do? what is an investor to do now? sure, again, the volatile that's crept out of the market can be an opportunity for investors and if we look at what's been left behind in this rally and we talk about something like energy. if you believe the global growth story is real and some of the industrial names that are down in sympathy with gold and that's where an opportunity lies and if you look at the miners and the industr
had a tough series and we played great. defense is great. offense got us enough runs to work with. >> oakland a's left the bay area as one of the hottest teams in baseball. they limped out of florida today struggling to generate runs. losers to the tampa bay rays. he deserved better here. evan longoria hit the fly ball to right. redick gets there and foul it is ball. escobar lines a malone to left. and makes it to the seats about as fast as a ball can. redick has been struggling to get going at the plate. he did not get the hit at fourth. he's batting 113. that was it for oakland scoring. the rays added two more in the seventh. to roberts find the gap at left center with his drive one-half the wall. jennings comes around from fourth. rays got two more. and they lose 2-1. time to boston now for the first of three tomorrow. >>> we normally wouldn't pay much attention to the indians and astros. if you don't have a glove you can use your popcorn bucket. >>> and one step forward, one step back mode. tonight they ran into a team that's been their nemesis this year. the columbus blue jac
addressed the the media calling defense be tried in open court, as adults. >> they consider the home situation of the minor. the consider whether the minor is going to school are they truant, what type of stability they have. the court will consider all these factors that make a decision and determining whether they should remain in juvenile hall pending the case. >> >> the family addressed the media with their attorney calling the defense be tried in open court as adults. that decision could take up to a month. >> vandalism incidents in san jose appear to be connected. at&t announced a $250,000 reward for a formation that will lead to an arrest a suspect or suspects response overcutting at&t fiber-optic cables. >> this is video from our helicopter partnership with abc seven news. it shows that pg&e substation of metcalf road which was started by government of before 2:00 to the morningg. >> santa clara county sheriff's laurie smith says just prior to that someone cut at&t fiber optic cables affecting 911 emergency phone service in the south bay. an oil leak caused by the gunfire, ha
for the cia as a former deputy assistant secretary of defense. how critical is it that the 90 year-old brother of tamerlan tsarnaev be caught alive? >> well, is important. there is still some months that we don't know about this. is there a firm international connection? with a self radicalized? what motivated them? are there more potential terrorist attacks in the future? other part of the sleeper so? is the picture gets more clear new information makes a blurry, and there is just so much that we need to know. getting a hold of him and the freaking get informational tell us a lot. dagen: of course we mentioned the city has been on virtual lock down the public transition down. all of your major ones. so closed for today. amtrak service was closed down. people told by the governor of the state to stay indoors. boston and the surrounding areas. how critical is that? how critical is it that for these authorities to be a will to do their job? >> well, first of all, is public safety, of course. there are armed law enforcement officers, federal, state, local, out there trying to get this guy. anothe
in this whole region has been through the department of defense, the military, defense contractors, shipbuilding, hundreds of years of history here building ships. we're the only place in the world that builds nuclear aircraft carriers and submarines and those kinds of vessels. the full range of maritime business. the report. hampton roads is probably the largest physical port. -- on the east coast of the u.s. the challenge is running a city like virginia beach are probably not a lot different than most every city in the country right now. that's all all changing relationships of federalism, the relationship between the state and federal government changing dramaticallymaking it much more difficult to finance the operation of cities to keep up with the needs in terms of part, and just the ongoing eds of the community for cultural, recreational, those kinds of activities. resources are getting harder and harder to find. and the competition for those resources is sharper than ever and it's a real balancing act to try to sort through that and come up with a program that will take us out through the
. >> you don't want to turn over intelligence gathering to it a criminal defense lawyer and the terrorist. >> shepard: investigators say they want to question the older brother's widow. one friend calls her an all-american girl and accuses her husband of brainwashing her. >> shepard: plus friends and family say goodbye to the girl with a heart of gold. and one week later the nation stops to remember. >> shepard: and good evening from fox news, one week later, the feds have charged the suspect in the boston marathon bombings with using a weapon of mass destruction. charge that could get him death. officials say prosecutors and a judge went to the suspect's hospital room today to formally charge him with the attacks that killed three people and wounded close to 200 others. according to the criminal complaint here. surveillance videos shows the 19-year-old on the cell phone before that first blast. goat, a few seconds after he finishes the call, the large crowd of people around him can be seen to react to that first explosion. then he walks away without his knapsack. having left it on the gr
be hit. awareness of your surroundings could be the only defense. david mattingly, cnn, secora, new mexico. >> imagine that on a crowded street. that's what happened. >> incredible reporting from mattingly. >> we'll be back with more after this. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. >>> welcome back, everyone. eight years ago today a certain website opened what changed what people do on the internet. youtube opened on this day in 2005. this was the very first video posted. >> all right. so here we are at the elephants. >> that's the co-founder at the san diego zoo. look at those images. pretty primitive by today's standards. careem and his partner sold to google the following year over $1.5 billion. that's the first video. what
you were in china that you suggested the united states would reduce our missile defense system in asia for exchange, in exchange for chinese help with north korea. it seems to me that even though we're being threatened by nuclear attack by the north korean government, first of all, is that an accurate statement? and if so, explain that if you would. >> no, not an accurate statement. i think it was corrected while i was over there. it was reporting to that effect. there was no offer, no deal, no contemplation of it. what i did say publicly and i will say it again, is that the president took specific deployment steps of missile defense in direct response to north korea. and it stands to reason that if the north korean threat disappears, there would be a logical question of whether or not th that same level of deployment is necessary. it's all, i stated, was sort of a fact based on the rationale of deployment itself. >> do you think the united states should give aid to north korea of some type to temper their saber rattling, which they seem to do, about this time ever you? >> no. >> thank
for the quarter. sector to sector, defense sectors doing better, utilities, health care, and telecom. back to you. melissa: thanks so much. lori: fbi confirms preliminary tests on a letter sent to president obama tested positive for ricin. rich edson has the latest. rich, when you hear news like this coming after the bombings in boston, you understand why the fear trade is in play here on wall stroat. >> absolutely. in washington, d.c. as well. this is the nation's capitol in a heightened state of sensitivity this after three suspicious packages now all clear from u.s. senate office buildings, a report we had brought you last hour. the u.s. capitol police have taken care of the packages in the senate office building that are now all cleared. the letters, one sent to the president of the united states, the other two a u.s. senator. this from the fbi saying filters in a second government mail screening facility, preliminarily tested positive for ricin this morning and mail from that facility is tested. there's no indication of a connection to the attack in boston. also, u.s. senator carl levin, a d
know, depending on what the government was willing to say to this defense lawyer, whether or not and what benefit he might get as a result of his cooperation. remember, from the very beginning, from the president on down, everyone has said public safety is the first and highest priority. so the first question he's going to be asked is are there more devices and where are they? and, you know, and so if that were the case, i'm not suggesting it is, but it certainly is the first question you want to ask and to get to find any additional devices you would want -- you would want to give him the benefit of that cooperation. so this will have to -- it unfolds very methodically, right, the investigators have questions and in the order of the priority they're going to ask him, public safety will come first. second is to identify any additional potential conspirators who may have been involved in the planning or execution of the bombing. >> all right. fran, stand by. don't go away. we're going to continue the nonstop coverage here. our team coverage of what's going on at boston, wha
in place post-9/11 work. now it may be too late to save everyone, but it is providing a effective defense. >> in terms of the sophistication to carry out a mail attack, if you will, honestly the details around the anthrax attack are still very much -- we don't have clarity even a decade later. >> still in dispute. >> it takes a fair amount of sophistication and access to material to be able to even care something like this out. >> and anthrax is harder than ricin. anthrax to tell le weaponize it, grind it up, getting it to a place where it's effective is a bit more different than risen. ricin extracted from castor beans, this is not particularly sophisticated, but it is effective. it has to be ingested or inhaled, about you it requires somebody to at least give it some thought to sit down and produce it. >> luke, you are obviously here and not on capitol hill, but in terms of the reaction we're seeing from congress, the fact -- look, there's still legislation that they're debating at the capitol hill and it's on high alert. the question is how much it affects the proceedings. and there's
, but these deflationary pressures have been in play since the end of january when commodities started falling, defensive sectors started leading. you get the sense that something's happening, you get the feeling that something's about to hurt and then the spasm happens. when you have deflationary junctures, which is what every part of the market place is seeing is happening right now, that $85 billion a month is not enough from the fed -- >> you're making reference to how much they're buying every month when it comes to securities out? >> correct. >> peter anderson, bank of america may have set the tone this morning with that disappointing earnings report, yes? >> y >> yes, it was. and that's symptomatic of the -- >> peter, hang on one second. we'll have to do this for the next couple of hours as more news continues to break. let's go to sue herrera with the latest. what do you have, sue? >> bill, our team on the ground in boston is reporting to us that the federal courthouse in boston is now being evacuated. you're looking at a live picture right now of people leaving that courthouse. we don't know why
cold war world. he set up -- he set up a defense structure that cold war started with harry truman and ended with ronald reagan. and now he's considered one of the near great presidents. >> i've always found it fascinating how in realtime we build up and tear down presidents. historians do the same thing. there was a time period 20 or 30 years when historians were giving truman not much credit and there was some revisionism in the late '90s. and we've seen it with grant, with polk, we'll see it with other presidents. >> right. and you look at george bush and 30, 40 years from now, obviously our pearl harbor is 9/11. and a lot of people, historians going to say america wasn't attacked again during the rest of his term over the next seven years. and painted in broad colors, broad strokes, he's going to be judged first and foremost for that. >> what's going on in the aftermath of boston. barack obama has to start worrying about his legacy and isn't going to be enough. does he want his legacy to be i failed? are there going to be any excuses big enough for history. he's got to figure o
. and that is the strongest line of defense. yes, we have a department of homeland security and the fbi, but people are first responders across the country and citizens are just vigilant and observant notifying them of something they see is suspicious. when you think about the freedom of this country, 320 million somewhat people living lives that people in the rest of the world only dream of, we should take pride in that freedom, take pride in that safety, in the steps that have been taken, but understand in the 21st century, there are always going to be these risks. >> former new york state governor, george pataki, it is always good to see you. >> thank you. nice being with you. >> we got an update this morning on those swrired in the attack. of the 176 hospitaled, 69 are still in six area hospitals, all of them within a mile and a half radius. a 9-year-old girl and a 10-year-old boy are among 19 victims still listed in critical condition. the "today" show spoke with the doctor and father of 11-year-old aaron haern. >> he's doing a lot better. he's been through a lot. he actually a couple of times yesterday
/2 months of testimony. defense attorneys for jodi arias have rested their case. the trial is far from over. later today the prosecutor is set to call rebuttal witnesses. jodi arias admits to killing her ex-boyfriend. she insist it was self defense. if convicted of murder she faces the death penalty. the trial is expected to last several more weeks. >>> the judge in the jackson family lawsuit against concert promoter aeg is fed up. the jackson family is seeking millions from the promoter in the civil lawsuit. the judge says from now on she will not consider any more requests from potential jurors to leave the case except for medical emergencies. the judge has been swamped with last minute excuses from would-be jurors and she says she is concerned that the jury pool is dwindling fast. one man claimed he simply dislikes michael jackson and his entire family. >> think a lot of people may want to be on the jury. >> i don't understand. >>> powerful voice in gospel music silenced, george beverly shea, performed hundreds of millions as part of billy graham's evangelical crusades, performed in fron
the bombings at the boston marathon. now his relatives are coming to his defense. they say they don't understand what could have made him turn and some believe he may have been forced by his older brother. >> doesn't make any sense. the facts don't add up. i think it's -- there has to be something we are missing or that we don't understand. >> the older brother 26-year- old tamerlan tsarnaev was killed during the manhunt, during a shoot out with police. he was an amateur boxer, married with a 3-year-old daughter. one of his aunts said that he had become a more devout muslim but none of his relatives believed that he held extremist views, though he was interviewed by the fbi back in 2011 and he was questioned about possible ties to extremists but eventually in that case he was cleared. this morning we are also learning mop about how the younger bombing suspect, the survivor spent the days after the bombings. according to one report he worked out at the gym, went to an on campus party. this morning he remains in the hospital in serious condition and has yet to be interviewed. live i
the overall challenges of trimming the defense budget. this program is in sularecause , delays, and the weight has been structured. -- weight has been structured. it's most defensive effective attribute may not be all of its radars and since ours -- sensors and missiles. it may well be the way it's been designed to evade budget cutters in washington. sunday at 8:00 on c-span q&a. >> earlier today postmaster general donahoe spoke at the national press club, speaking about postal reform ahe saturday delivery. here's what he had to say. >> congress faces a simple choice. give the organization the flexibility to operate more effectively. in case you're wondering what that cost might be, the cost of ,ropping up our broken model including resolving all the debts and the false we currently can't afford to pay, might be in the neighborhood of $58 billion trade that's just through 2017. it would be completely unnecessary. it may shock you to learn that the postal service could be profitable today, and in the long-term future. we just need to operate differently. i'm optimistic. i'm optimistic that cong
investments in defense and homeland security. that's one of the few silver linings in this terrible tragedy yesterday, it remind the american people that we still have a very dangerous threat out there that we have to be able to deal with. >> you know civil libertarians have a problem with some of that and the expansion of it. do you think the line is shifting even further? >> i would remind you that many civil libertarians have a problem with pretty much everything. >> we can do a lot more with advanced technologies without giving up our freedom. i don't think americans feel that they have to give up freedom in order to have security. >> does it change after an attack our consciousness about the threat, do you think? >> i think it would depend on what the source of this threat proves to be. if it looks like it's a foreign attack it could have one impact, if it looks like a more domestic origin then it will have perhaps a different effect. it kind of depend on the facts. >> reporter: it was interesting, bill, both those lawmakers, opening man rogers, senator levin talking about technology b
of the case and then he will have an arraignment. he will have a defense attorney and under normal circumstances somebody arrested on a friday night would not be arraigned until friday monday. however, he could be a rate as early as saturday if he is medically up to it. >> within the next month, legal analysts say the boston marathon bombing suspect.19-year-old dzhokhar tsarnaev. will be indicted by a grand jury. then the case is assigned to a district judge. a justice department official says tsarnaev will not be read his miranda rights because the government is invoking a public safety exception. when police have an objectively reasonable need to protect the police or the public from immediate danger. tsarnaev will be questioned by a special federal interrogation team for high- value suspects. >> president barak obama and republicans used their weekly addresses to celebrate the resolve americans demonstrated after the attack on the boston marathon. in the address obama emphsized that "the world witnessed one sure and steadfast truth: americans refuse to be terrorized." >> ultimat
, fbi and department of defense and u.s. attorney. how do you investigate a guy like this? >> he will be interrogated. all you can do is write his answers down. this will happen. it will happen as soon as possible. they are not going to give them a lot of leeway here. there are important questions they have to follow up on from an operational standpoint. people want to ask why did you do this? important is who helped you? who was your brother in contact with during his time overseas. was there a support structure we can get on immediately. there are literally at the door of his hospital room standing by as soon as it is able to happen he was on him. >> can you tell us about this and that and the guy says, you know what, i don't want to tell you about anything. you have a cold blooded killer or someone alleged to be that. you think he is going to just breakdown and friendly say, yeah, i'll tell you why my brother did this and we were funded by this one. you think talking to him you are going to get him to spill the beans? >> he will be in the u.s. system now. if he declines to say
travis' throat to be a traumatic event? >> reporter: she faced 20 questions. compared that to the defense psychologists said arias was a battered woman. they were grilled with 200 often brutally skeptical questions. >> so help you god? >> yes. >> reporter: dr. dimarte also told the jury they never heard nearly this four-month trial. after shooting and repeatedly stabbing travis alexander, and then attending his memorial service and pretending she knew nothing about the killing, she hit on another guy on the way home. >> on the plane ride home, miss arias exchanged phone numbers with another male. who she then called him after she came home from the memorial service. >> reporter: this week, the prosecutor will continue his rebuttal case, telling the jury arias is making up abuse allegations and that she shot and repeatedly stabbed alexander in a jealous rage. if it all sounds like a lifetime movie, it soon will be. the cable channel confirms that is about to start production on "dirty little secret, the jodi arias story." at this rate, hollywood's version of the trial may be over before th
is to stabilize stocks. lot of times we conjure that side of the market. is a more defensive than with you want to call it that. tracy: this is going to continue. your job is going to be tough for a while. >> we opened the volume with volatility. tracy: what is your outlook for the rest of the week? are we going to continue to pour off into nothing more do you think this will turn around? >> there is always hope but we are trading at session lows, the volatility index is creeping up 7% right now, the s&p 500 testing 1540, support is down 1543, the 50 day moving average. is getting ugly. tracy: thank you for taking the time. adam: apple, is this a good time to buy? we will ask an analyst next. tracy: let's look at the winners and losers on the nasdaq but there are some winners. brendel resources holds up, 5.1%. we will be right back. @ tracy: apple trading below $400 for the first time since december of 2011. google reporting after hours what should you be doing now? senior analyst for chelsea advisory group here to tell us, tech stocks up 1%. what is going on? >> slowdown in europe and som
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